ASX:NEC's Forward Dividend Yield % is ranked better than 72.61% of 387
companies
in the Media - Diversified industry
Industry Median: 3.37
vs ASX:NEC: 5.39
During the past 12 months, Nine Entertainment Co. Holdings's average Dividends Per Share Growth Rate was -21.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Nine Entertainment Co. Holdings was 9.10% per year. The lowest was -11.20% per year. And the median was 5.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Nine Entertainment Co. Holdings's Forward Dividend Yield %
For the Entertainment subindustry, Nine Entertainment Co. Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nine Entertainment Co. Holdings's Forward Dividend Yield % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nine Entertainment Co. Holdings's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nine Entertainment Co. Holdings's Forward Dividend Yield % falls into.
Nine Entertainment Co. Holdings Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nine Entertainment Co. Holdings Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.040
2024-03-08
2024-03-11
2024-04-18
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.050
2023-09-08
2023-09-11
2023-10-19
Cash Dividend
semi-annually
AUD:AUD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nine Entertainment Co. Holdings (ASX:NEC) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Nine Entertainment Co. Holdings Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Nine Entertainment Co. Holdings's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nine Entertainment Co. Holdings (ASX:NEC) Business Description
Nine Entertainment operates Nine Network, a free-to-air TV network across five capital cities, as well as in regional Northern New South Wales and Darwin. It also owns 9Now, a leading broadcast video on demand operation in Australia. The merger with Fairfax combines Nine's top-ranked TV network and the second-largest newspaper group, topped with a collection of quality digital assets in Nine Digital, subscription video on demand operator Stan, and Fairfax's 60%-owned Domain. It ensures the merged entity remains prominent in the eyes of audiences and advertisers.
Nine Entertainment Co. Holdings (ASX:NEC) Headlines
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